Credit Card Debt With the financial crisis, according to Fox News, American’s total credit card debt has reached 1 Trillion– up 6 percent from a year ago and the highest ever recorded. This may sound like good news for the Acquirer industry but it may have a bad spiral effect. Some may speculate that our […]
Online Shopping On The Rise online shopping Online shopping is at an all-time high. According to, Statista Portal over 1.66 Billion consumers have shopped online. This is up 40% in the last two years. The most purchased items are books, clothes, accessories, video games, airline tickets and electronic equipment. Purchasing goods and services online has […]
Post Transaction Marketing – Is It Worth the Risk for eCommerce Merchants? In the first half of 2017, e-commerce revenue amounted to approximately $1,268.9 billion of all retail sales in the U.S., according the U.S. Census Bureau. While e-commerce sales increase from the same period in 2016, the percentage of total retail sales increased from […]
Answer: Offer alternative payment options Okay, so what exactly does that mean? Well, traditionally, merchants only had the option of accepting electronic payments online in the form of bank drafts, and debit and credit cards from the major card brands – Visa, MasterCard, American Express, Diners Club and JCB. That is until payment product innovators […]
Forrester Research, an independent technology and market research company that provides advice about technology’s impact on business and consumers, recently released estimates on ecommerce growth over the few years. As we see and read about traditional sales dropping all across the nation, ecommerce will continue to grab the lost market share. Forrester said, “When we […]
Shopping Cart Features and Security When starting a new business, most merchants generally focus on the features of their shopping cart and how the website itself looks. We pick our colors and how much items cost. We look for how the customer will enter their order, or how we will track shipping. The most important […]
E-Commerce Offers New Avenues for Payment Acceptance 1-800-Flowers is paving the way, yet again, for retailers to reach consumers via E-Commerce. The company has jumped on the Facebook bandwagon and is taking advantage of the viral social networking phenomenon. In late July, they became the first store to sell their products directly through Facebook, via […]
Secure Electronic Transactions Or (SET) Secure Electronic Transactions (SET) is an open protocol which has the potential to play a large role and dominate the market in providing secure electronic transactions. Jointly, Visa and MasterCard and vendors such as IBM have worked to create SET as an open standard for protecting the privacy, and ensuring […]
